The allegations include forgery of valuable security, forgery for the purpose of cheating, and falsification of accounts that took place du...

Justice M Duraiswamy passed the interim orders on a winding up petition filed by ICICI Bank, which said First Leasing owed it Rs 50 crore.

What went wrong? Two things that are usually linked with the fall of a finance firm — reliance on short-term funding, and asset-liability m...

First Leasing was barred from running any business by the RBI last month, which had earlier inspected its books.

Auditors have raised the red flag over the previous year's financial statements of Chennai-based First Leasing Co of India Ltd.